Business Models for Multiple Value Creation: Exploring Strategic Changes in Organisations Enabling to Address Societal Challenges

Jan Jonker, Niels Faber

Research output: Chapter in Book/Report/Conference proceedingChapterAcademicpeer-review

Abstract

We live in a society where companies are requested to address societal challenges, a move that implies a transition. To make this transition a new generation of business models should be created. A business model describes the logic of value creation between parties. Three movements should be embedded in business models, namely, from single to multiple values creating logic, from organisation-centric to organising in value cycles, and from addressing needs of a single actor to needs of multiple actors. Value creation should be founded on three alternative principles providing strategic direction, namely, lifespan extension, servitisation, and design for decomposition. Movements and principles give way to three archetypes of business models, namely, platforms, community, and circular business models. They show a changing logic of value creation take and give shape to the transition of society. This contribution ends by addressing a debate on the nature of value creation ranging from depletion via eco-efficiency and circularity towards value restoration and regeneration economies.

Original languageEnglish
Title of host publicationSustainable business models
Subtitle of host publicationInnovation, implementation and success
Place of PublicationLondon
PublisherPalgrave MacMillan
Pages151-179
Number of pages29
ISBN (Electronic)978-3-319-93275-0
ISBN (Print)978-3-319-93274-3
DOIs
Publication statusPublished - 2019
Externally publishedYes

Publication series

NamePalgrave Studies in Sustainable Business In Association with Future Earth
PublisherPalgrave
ISSN (Print)2662-1320
ISSN (Electronic)2662-1339

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